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<br /> ., ' � condemoa�ion or other lakin�of any pan of�he Propcny.or ior ronvcymce in(ieu of c�rxiemnatfon,�ns harcby a�si�ned w�d
<br /> '` •. . �' � xhall he paiJ lo Lender.
<br /> ,,. ._., �. In Ihc evem nf a IotAI�ukinq of iha Property. ihe praceedx Rhall he u�liad lo Ihc sumx rsecured b� thiR Secud�y �
<br /> ^ ^ , Insirumcni,whethcr or nM then due, wi�h any excasa pald �o Bormwer. In ihe event of u puninl taking of�bc F'�openy in
<br /> � " • � which Ihe fuir markc�vulue of�he Pro�c►ty ImmeJiutcly hcfore the toking is equal�o or grcutcr thnn the amnunt fi ihe xuma
<br />__ � � � �' isccuced by Ihix Sccuri�y Intlrurmnl fmmedlutely hefore Ihe taking, unkxx B�nrawer and Lcnder othcrwixc egree in wri�in�,
<br /> � • • Ihe .r•ums xecured by�hi�Secu�hy Ineuument shall be rcduced by the an�ount af'the pnxeed�multfplied by tha fdbwing _
<br /> ' � fmc�ion: lai�he to�ul umaun►oi�he sums xecured Immediutcly be(orr�be�akfng,dividcd by�b)Ihe Fulr market vnlue of�he
<br /> • � Propeny immediutcly beforc Ihe taking. Any buluncc Rhull hc puid�a Borrower. In ihc event af u ponlul laking of Ihe
<br /> Propeny ia whlch Ihe i'air nmrket vulue af the Propeqy Immediaicly bcl'ore'he lukin� is le�x�hun the umount�f ihe tiuma
<br /> r . securcd immedialcly beforo the�akfng, unlcRg Borrower ond Lrnder ahenvise agrce in w�lting or unle�s ppplicable law
<br /> . othenvise providcs,the procads ahall be applied�o the sums sec:urcd hy Ihi+Securi�y Inywmem whe�her or iu►t Ihe sums are ._-
<br /> then due.
<br /> . If'1he Pn�peny {s uhnndnned by Bormwe�,or if,aller nn�ice by Lender�o Hormwcr�ha��he ronJemnor offerv in make -
<br /> � on award ex se�tle a cluim 1'ordamuges,Bormwer fuils to regpond lo Lender wi�hin 3U doys nfler�hc dute the no�ice is�iven.
<br /> , • " LcnJer ia authorizeJ to col kc� and npply the proceedR, nt its optlon.eltir.�to rcctoration or�pair of the Property a to tbe
<br /> . euma�cecuted by this Securi�y Ins�rument,whether or not then due. --
<br /> , Unless Lender and Bam»ver whervvise ugree In wrlting, any upplication of proceedc to pri�clpnl shaN not eatend or
<br /> • postpone Ihe due date of ihc:monthly paymen�s referred to in puragruphe 1 und 2 or change the nmount of guch pnyments. _-
<br /> •• I1. Borrower Nd Released; Farbep�Ance By I.ender Not o Weiver. Extenxion of the time for payment or =
<br /> moditicntion of ami�rtizwion of ihe sums secured by�hia Securily InRtrumenl grnnted by Lender�o�ny succcesor in intercst
<br /> of Borcower shnll not operate to relense the lioblllty of:he origfnul Borrower or Borroaer a succescor� fn intenesl,Lende�
<br /> shull not 6e required�o commer�e proceedings aguinst any successor in Interest or refuse to extend�ime for payment or et,��
<br /> , othenvise madlfy nmanization af the sums�ecurcd by this 5ecurity Ins�rumem by reason oP any demand mnde by�henriginal f �;_<
<br /> Borrower or Bamwer�successorx in Interc�t. Any forbearnnce by Lender in exercising any right or ramedy shall not be a !--_ '
<br /> waiver of or preclude Ihe exerci se of nny�ight or rcmedy. -
<br /> �� • 12. Suocea.�wrs and A�i�ro�Boundt Joiot And Several l.lubiiily;Carigner.r. Tl�e covenunt+�und ugreementg ot`this - � --
<br /> •• Securfly Instrument shull bind und benetit Ihe successon nnd A.rxigns of Lender unJ Burmwer,subject to Ihe prnvisianw of -
<br /> ' poragmph 17. Bcxroweri cavenamx nnd agreements sh:dl he juint nnJ tieverul. Any Hurrower who co-xi�is Ihix Serurily n,;s;_
<br /> � � Instrument but dce4 not exew�e ihe Noie: lu) ix co•signin� this Securiry Inslrumenl only k�mongnge,g�anl und convey Ihut
<br /> , Borrower 4 inleresl in the Propeny under thc lerm+of thix Securily Inxtrumem; (b)i.r•not nersrniolly obli�uted to puy�he tiums � J'
<br /> . j securcd by thi�Securily Intitmmenl;un�l(cl a�±reec thul Lender und uny olher Borrnwer may uFree to ex�enJ.moJi fy,fntixur
<br /> ..•'�• ' ar makc uny accommodatians with regurd to Ihe terms of thix Security Instrument or the Nole withoat that Borrower4
<br /> , '�':e�.��.•�'"� consent.
<br /> °.'" ""' �' � 13. Loan Cha�Rcw. I(tt�e 1��n sxeured by thi+ Securiry Ins��ument iz subject lo u law whieh �eK maximum loan
<br /> ' "�'' chur eti und thut luw is finall interpre�eJ so thu�Ihe inleresl o�oiher loun char e,collected ex to be collected in conneclion
<br /> ,,..� , , , 8 .• Y 6 .
<br /> , . • with the laun exceed ihe pemiit ud limiis,Ihen: lo)uny guch loun chu�ge xhull be reduced by�he amcwnt necessary io reduce
<br /> , . Ihe charge io the permit�ed limil;und Ib)any sums alreuJy callecied fmm Somnwer which exceeded permitted limit+will be
<br /> -��;' refunded to Borrower. l.ender rnay chooce to muke thi�refund by reducing Ihe principal owed under the iVae or by mak ing u
<br /> �-.-�:'-:,;;��� dmect paymem�o t3nrrower. ft a ae�und reduces principni, the r¢duc�ion will be tremecl ux a paniui prepayment wi�Mw[any
<br /> . ' 1""''��'i;` prepaymentchargeundertheNae.
<br /> . ;':,•,� _ 14, Notices. Any nolice la Bomnwcr providcd For in ihis Securiry Inxirumcro shull Ix �eivcn hy dclivcrin�!ii c►r by
<br /> � • muiling it by Pn�clasx muif unless t�pplicuble luw rcyuire+uxe��f another mcthod.Tlx noiirc+hull he Jirecicd to ihc Propeny
<br /> ' AJdresx or nny other nddrexs Barrower designutes by nolice lo l.enucr. Any rkwice tu Lender chal�be given by firvl clus� `
<br /> muil lo Lender's uddress stuted Iurein or uny other addrcss Lenderdexignc�tcs by ncxice to Borrower. Any rN�tice pr�vid�d fnr
<br /> �j in thi.r Securit� Instiurnent chall be deemed to have txen given to Borrower cx Le�nBet wheu giver+ ae provided in thi4
<br /> + paragraph.
<br /> „ IS. (:uverning Law;Severabilitv. Thi. Securi�y Insirument shull t+e govemeJ by fcderal law and tlie luw of Ihe
<br /> . jurisdiction in which Ihe Praperty��lacmed. lo Ihe event lhat any provisian or clause of�hi�Security Inti�rumeni or Ihe Note
<br /> - , �• cunllicts wilh upplicuhle luw.surl�coidlicl+liull nut ufl'ect other pn►visiu�s af this Security lnstrament or the Nole which cu�� -- _
<br /> � be given effec�wlthout the contlicting provisian. To this end the provi�ianr oP�hix Securily Instrument and Ihe Note are �--`
<br /> declared to be xeverrble.
<br /> . "' 16. liorrower's Copy.Bom�wer shull be given one confornird cnpy of Ihe Note t�nJ of Ihis Security In�uvment. —
<br /> . . 17. 71•pnsfer ui the Property or a Beneflclal Interesl In Borrawer. II'oll or uny pan of the Pmperly ur uny inlerest in
<br /> ' i� ic so1J or trnnsferred I�r it n bcuefi�ial in�eresl in Ham�wer is�old or Irunsferred und B��rtx�wer is not o nuturAl person) �--'
<br /> , without Lender's prior wrinen cansent,Lender muy,ut iiti option.rcyuire immeJiute ps�yment in ful l af ull sums secured by ��
<br /> . • thi�Security Inslrument. However,thix option shull na be eaercised by Lender if exercire is prahihiutd by federul low ux ol' � '.
<br /> .;�.�;,,:: , the da�e of�hix Sccurity Instmment.
<br /> ;�;.'tr��.'�;', If Lender exercisex thisoplion,Lender sholl give Borrower notice of acceler+�tion. The nMice tiholl provide n perial of -
<br /> �.��:��.;,,i:�� not less thnn 30 days fmm the date the notice is delivercd or mui led�vilhin which Barrower mutit puy all sums securcd by Ih�s
<br /> • Secutity Inslniment. If Bc►rtawer 1'uils to pa�y �hese rum� priiir to �he expirution of �hi.r• period, Lender mAy invo4e any
<br /> . �� remedies pem�ined by thix Saurily Inglrument wilhoul tbnher ncNice or demund on Burrower. �'�
<br /> " ' IR. Bor�ower's Rl�ht to ReingtAte. If Borrower rnects ccnam rcmJiUons. B��ROwer �hull hove �he riEh�lo hnve
<br /> -_ ' enforcement of this Security Inxirument Jixconlinued ut any lime prior�o Ihe earlier of: lu)S duyti (or such o�her pericwl os �"
<br /> . �
<br /> � SYple Funily•-Fanak MadF�eddk Moc UNIiORM INSTRUMENT•-UNform Co�cnumR 9191 pwa�a,�n p,�Ae.��
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